Dear Learned Members
I am NRI and would like to know following for filling ITR
Synopsis
1) A. Y - 2017-18
2) Capital Gain (Shares) - Rs. 75000 (Advance Tax already paid - Rs 11400)
3) TDS - Rs 18973 (TDS on fixed deposit)
4) Total Income in India Salary - Nil (2) + (3) = Rs 264000
5) Deductions in India LIC Premium - Rs 12000* HDFC Life Insurance (Term Plan) - Rs11500*
*Not mentioned in ITR
A) Is my amount totaling to Rs 30370 (Rs 18976 + Rs 11400) is refundable as i am NRI.
B) Is my TDS is refundable I would like to mention here that in ITR form (Tax Paid and Verification) Rs. 30370 it is showing as Refund automatically.
For last two years i have claimed refund for TDS only. Please suggest
CAclubindia
